I haven't looked at WLE in any detail but at a glance PE would be a meaningless way to access its value.
Its value is better defined by NTA as its holding marketable securities. The E in the PE is also highly subject to swings in realised or unrealised gains on those securities
Going back to SNL the other way i think value can be considered is on dividend yield. If you can buy on a 2.5 to 3% yield with the fair assumption that the dividend will rise as the earnings continue to rise its seems like a reasonable buy when compared to a risk free rate of return sitting around 5%.
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SNL
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3.00%
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$36.50

I haven't looked at WLE in any detail but at a glance PE would...
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Last
$36.50 |
Change
-1.130(3.00%) |
Mkt cap ! $1.586B |
Open | High | Low | Value | Volume |
$37.64 | $37.84 | $36.29 | $2.484M | 67.47K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 214 | $36.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.56 | 214 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1059 | 36.000 |
1 | 28 | 35.740 |
1 | 500 | 35.150 |
1 | 15 | 35.000 |
1 | 28 | 34.570 |
Price($) | Vol. | No. |
---|---|---|
36.700 | 946 | 1 |
39.600 | 625 | 1 |
40.030 | 25 | 1 |
40.990 | 71 | 1 |
41.000 | 21760 | 3 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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SNL (ASX) Chart |